Giving relief to small businesses, the Goods & Services Tax (GST) Council has decided that threshold for exemption for businesses would be an annual turnover of Rs. 20 lakh, while the businesses in the Northeastern and hill states with annual turnover below Rs. 10 lakh would be out of the GST…
Tag: Manish Sisodia
Delhi gov to raise threshold limit of luxury tax
In order to reduce burden on tourists and make it easy for small hotels to do business, the Delhi government has introduced an amendment bill in the assembly to raise the threshold limit of luxury tax from Rs 750 per day per room to Rs 1,500 per day per room. Introducing the Delhi Tax on [&hellip…